Shipping win for Port of Tauranga

Mark Cairns

The world's second largest container shipping line, Mediterranean Shipping Company, is to start an Oceania Express Service with the Port of Tauranga as its only New Zealand port call. 

The Oceania Express port rotation will be: Melbourne - Sydney - Brisbane - Tauranga - Balboa - Long Beach - Melbourne).

"MSC has recognised the Port of Tauranga as a major New Zealand hub, and we plan to trans-ship cargo from six other New Zealand ports utilising our three other services currently operating in New Zealand (Capricorn, Kiwi and Pacific Island services)," MSC's national operations director Mark Godfrey says.

Port of Tauranga chief executive Mark Cairns said the announcement was fantastic news.  "We are delighted that MSC have chosen Tauranga as their New Zealand hub port and this announcement provides another tangible example of the structural change that is occurring in the New Zealand port sector.

MSC's Oceania Express service will start in October, he said. "Along with the five other new services recently announced we now forecast container volumes to increase by approximately 20-25%, compared to year ended June 2011, with approximately 40% of this increase being attributed to trans-shipped cargo."


Got a question about this story? Leave it in Comments & Questions below.

This article is tagged with the following keywords. Find out more about MyNBR Tags

Comments & Questions

Commenter icon key: Subscriber Verified

Post New comment or question

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

NZ Market Snapshot

Forex

Sym Price Change
USD 0.7042 0.0044 0.63%
AUD 0.9376 0.0017 0.18%
EUR 0.6406 0.0039 0.61%
GBP 0.5360 0.0018 0.34%
HKD 5.4610 0.0340 0.63%
JPY 73.6670 -0.1520 -0.21%

Commods

Commodity Price Change Time
Gold Index 1319.5 -7.040 2016-07-25T00:
Oil Brent 45.1 -0.960 2016-07-25T00:
Oil Nymex 43.1 -1.080 2016-07-25T00:
Silver Index 19.6 -0.040 2016-07-25T00:

Indices

Symbol Open High Last %
NZX 50 7317.3 7325.3 7317.3 -0.09%
NASDAQ 5095.6 5122.3 5097.6 0.23%
DAX 10199.7 10275.4 10198.2 0.49%
DJI 18497.4 18522.5 18493.1 -0.12%
FTSE 6710.1 6744.8 6710.1 0.21%
HKSE 21890.9 22300.5 21993.4 0.62%
NI225 16535.8 16535.8 16620.3 -1.43%
ASX 5530.2 5537.5 5533.6 0.07%